The transfer and sale of assets from the Royal Mail Pension Plan to HM Treasury has reduced the deficit by £28bn, the Chancellor has revealed.
However, in his autumn statement, the Chancellor said the move would add to the deficit in coming years as the pensions of former Royal Mail workers are paid out of government coffers. The deal to allow...
Stephen Crosbie has been promoted to protection director at Aegon UK.
Jayne Nickalls has been appointed a non-executive director by the Pension Protection Fund (PPF).
Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme, the insurer's first transaction since merging with Partnership in April.
Tomas Carruthers and Ron Jarman have been appointed as trustees to the National Employment Savings Trust (NEST) by the pensions minister.